Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan - 2023
Contents:
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan (FOB) - 2023
- Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan (CIF) - 2022
- Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan
- Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan (FOB) - 2023
The average export price for paints and varnishes, based on polyesters, non-aqueous medium stood at $7,595 per ton in November 2023, surging by 11% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 19% month-to-month. As a result, the export price reached the peak level of $8,456 per ton. From February 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($19,983 per ton), while the average price for exports to South Africa ($3,075 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan (CIF) - 2022
In 2022, the average import price for paints and varnishes, based on polyesters, non-aqueous medium amounted to $6,198 per ton, with a decrease of -14.8% against the previous year. In general, the import price, however, saw slight growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18% against the previous year. As a result, import price attained the peak level of $7,270 per ton, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($33,751 per ton), while the price for Taiwan (Chinese) ($2,639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan
In 2022, overseas shipments of paints and varnishes, based on polyesters, non-aqueous medium decreased by -17.6% to 3.3K tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 19%. As a result, the exports reached the peak of 4.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of paints and varnishes, based on polyesters, non-aqueous medium contracted significantly to $24M in 2022. Over the period under review, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $70M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.6 | 33.8 | 14.0 | 5.6 | -37.2% |
| Taiwan (Chinese) | 6.6 | 5.6 | 3.9 | 3.9 | -16.1% |
| Thailand | 3.3 | 3.3 | 3.2 | 2.6 | -7.6% |
| Vietnam | 2.5 | 2.5 | 2.3 | 2.0 | -7.2% |
| Indonesia | 1.5 | 1.0 | 1.6 | 1.4 | -2.3% |
| Philippines | 1.7 | 1.2 | 1.2 | 1.1 | -13.5% |
| South Africa | 1.3 | 1.0 | 1.4 | 1.1 | -5.4% |
| Malaysia | 0.9 | 1.0 | 1.3 | 1.0 | 3.6% |
| South Korea | 2.6 | 2.4 | 2.0 | 1.0 | -27.3% |
| Russia | 1.1 | 0.9 | 1.1 | 0.9 | -6.5% |
| Mexico | 0.6 | 0.5 | 0.8 | 0.4 | -12.6% |
| Hong Kong SAR | 1.0 | 14.7 | 7.1 | 0.3 | -33.1% |
| Others | 2.8 | 2.4 | 2.5 | 2.2 | -7.7% |
| Total | 48.5 | 70.4 | 42.3 | 23.5 | -21.5% |
Top Export Markets for Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium from Japan in 2022:
- China (811.5 tons)
- Thailand (447.3 tons)
- Taiwan (Chinese) (351.5 tons)
- South Africa (317.7 tons)
- Vietnam (311.8 tons)
- Indonesia (230.2 tons)
- Philippines (200.2 tons)
- Malaysia (135.2 tons)
- Russia (130.2 tons)
- South Korea (58.0 tons)
- Mexico (53.2 tons)
- Hong Kong SAR (33.0 tons)
Imports of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan
In 2022, approx. 2.4K tons of paints and varnishes, based on polyesters, non-aqueous medium were imported into Japan; waning by -12.2% compared with 2021. Overall, imports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 4.5%. As a result, imports attained the peak of 2.8K tons, and then reduced in the following year.
In value terms, imports of paints and varnishes, based on polyesters, non-aqueous medium reduced notably to $15M in 2022. In general, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of $20M, and then reduced remarkably in the following year.
| Import of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.6 | 5.4 | 7.0 | 4.1 | -3.8% |
| China | 3.1 | 3.8 | 4.2 | 3.7 | 6.1% |
| Indonesia | 1.6 | 1.3 | 1.9 | 1.6 | 0.0% |
| Vietnam | 1.8 | 1.4 | 1.4 | 1.4 | -8.0% |
| India | 0.8 | 1.2 | 1.4 | 1.1 | 11.2% |
| United States | 1.1 | 0.8 | 0.7 | 1.0 | -3.1% |
| France | 1.0 | 0.5 | 0.6 | 0.6 | -15.7% |
| United Kingdom | 1.1 | 0.8 | 1.9 | 0.4 | -28.6% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Romania | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
| Others | 0.7 | 0.7 | 0.7 | 0.8 | 4.6% |
| Total | 16.2 | 16.3 | 20.1 | 15.0 | -2.5% |
Top Suppliers of Paints and Varnishes, Based On Polyesters, Non-Aqueous Medium to Japan in 2022:
- China (979.4 tons)
- Indonesia (419.6 tons)
- Vietnam (402.1 tons)
- South Korea (121.6 tons)
- India (112.4 tons)
- Taiwan (Chinese) (85.5 tons)
- France (76.2 tons)
- United States (55.9 tons)
- United Kingdom (29.6 tons)
- Romania (20.8 tons)
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